Cobalt Company News Directory

Global Cobalt Completes Oversubscribed Non-Brokered Private Placement

Global Cobalt (TSXV:GCO,OTCBB:GLBCF) announced that it has completed an oversubscribed non-brokered private placement tallying $155,750. The company sold 3,115,000 units at a price of $0.05 per unit. Proceeds of the financing will be used for work on the company's Werner Lake project as well as its newly acquired Iron Creek cobalt project.

Bruce Power to Supply Nordion with Cobalt-60

Nordion Inc., a business unit of Sterigenics International LLC, announced that it has signed a multi-year agreement under which its partner, Bruce Power Limited Partnership, will supply it with cobalt-60.

Global Cobalt Enters Standstill Agreement for Karakul

Global Cobalt Corp. (TSXV:GCO) has entered a standstill agreement with Imperial Mining Holding Limited regarding Global Cobalt's option agreement to acquire a 100 percent interest in the Karakul Cobalt property and Altai Sister Projects in Russia. The agreement will remain in effect until at least January 31 2015.